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Agadir – Morocco’s Head of Government, Aziz Akhannouch, has outlined the country’s strategic vision for investment across Africa during the Africa Forward Summit, representing King Mohammed VI in the Kenyan capital.
Held on May 11-12 in Nairobi, the summit brought together African and international leaders to advance partnerships centered on innovation, sustainable development, and equitable growth across the continent.
Speaking to the media, Akhannouch emphasized that the gathering offered an opportunity to showcase Morocco’s experience in key sectors, particularly investment and logistics.
“The event was an opportunity for discussion and exchange on the future prospects of investment. It also gave us the chance to present Morocco’s vision regarding investment in the African continent and to showcase its experience in this field,” Akhannouch said.
He pointed to Morocco’s new investment charter and the success of Tanger Med Port as concrete examples of policies designed to enhance competitiveness and attract international investors.
“We highlighted how Morocco has dealt with investment-related challenges, as well as the country’s major logistics and infrastructure capabilities, which play a key role in supporting investment,” he added.
Akhannouch stressed that trust remains the cornerstone of any sustainable investment dynamic, pointing to Morocco’s efforts to build a stable and transparent business environment aligned with international standards.
“Trust was also emphasized as the most important pillar for ensuring successful investments. Therefore, the meeting served as a platform for exchanging ideas and sharing Morocco’s experience,” Akhannouch stated.
Morocco has positioned Africa at the center of its investment focus. According to official figures, up to 85% of Morocco’s foreign direct investment (FDI) is directed toward Africa, making the country one of the leading investors on the continent and the top investor in West Africa.
Recent estimates indicate that Moroccan investments in Africa reached around MAD 5 billion (approximately $548 million) in 2024, representing roughly 20% of the country’s total investments abroad.
During his remarks, Akhannouch also noted that the summit served as a platform to present the country’s ongoing structural reforms, particularly in the health sector, aimed at improving access, governance, and efficiency within the national system.
“This occasion also allowed us to shed light on the importance of healthcare for Morocco and on the major structural reforms our country has undertaken in recent years,” he concluded.
Healthcare has always been one of the country’s priorities. One of the recent reforms to address longstanding disparities in access to medical services is the launch of 15 new hospital projects expected to add around 3,000 beds nationwide, alongside the rehabilitation and upgrading of thousands of primary healthcare centers to bring services closer to underserved populations.
The Africa Forward Summit was co-hosted by the President of Kenya, William Ruto, and the French President Emmanuel Macron. It seeks to promote a renewed framework of Africa–France cooperation as it aims to underline Africa’s innovation potential.
